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Net Zero Emission
TotalEnergies Bent on Taking Legal Action Following Allegations of ‘Dramatically Underreporting’ Emissions
After Greenpeace published a report claiming that TotalEnergies’ emissions are four times higher than reported, the French energy giant has made up its made to…
Hydrogen Project
KBR Secures Work on Australia’s First Industrial-Scale Green Hydrogen Project
US engineering company KBR and Belgium engineering firm Tractebel, part of ENGIE, have been appointed as the Owners Engineer for the Yuri project, a new renewab…
Electric Vehicle Battery
EDF Renewables Building 50MW Battery Site
The site will reportedly be able to power 100,000 homes with clean energy for two hours.
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Philippines
Philippines’ Meralco Posts 20% Net Income Growth in First Nine Months
Its reported net income stood at P19.8b (US$341m).
Wind Turbine
Wind Turbine Orders in Europe Show Downward Trend – Urgent Policy Support Needed
Wind turbine orders in the third quarter of 2022 fell by 36% compared with Q3 in 2021.
GE’s Renewables Business Reports $1.8bn Loss so Far This Year
Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.
Fortescue Future Industries Invests in Zhero
Fortescue Future Industries (FFI) is investing in Europe and US-based green hydrogen and renewable energy development company, Zhero.
Wind Turbine
Wind Unfavourable for EU Wind Turbine Orders
Turbine orders across Europe plummeted 36% in the third quarter, according to a report.
Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices
The Texas-based company posted a net profit of $19.66bn for the three months to September 30.
Shell More Than Doubles Profits in Third Quarter
The company’s underlying profits reached $9.5 billion in the third quarter.
France
French Power Group EDF Issues New Profit Warning
EDF said on Thursday it now expected a hit to its core earnings of around 32 billion euros because of lower nuclear production,a bigger loss than the 29 billion…
LNG
TotalEnergies Clocks $9.9 Bln Profit in Q3, Books New Russian Impairment
TotalEnergies posted a sharp jump in its third quarter net profit compared with a year ago, as it joined other energy giants in its sector to have benefited fro…
LNG
Shell Posts $9.5 Bln Profit, Plans to Boost Dividend
Shell on Thursday posted a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, as it a…
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